First National Bank of Botswana Limited (the "Issuer") will exercise its option to redeem the following at their Optional Redemption Date on 1st December 2021: FNBB007 Unsecured Subordinated Notes with ISIN code: BW 000 000 1668, and of the FNBB008 Unsecured Subordinated Notes with ISIN code: BW 000 000 1700 (the "Notes") issued by First National Bank of Botswana Limited (the "Bank") on 1st December 2016 under the Bank's BWP 3,000,000,000 Note Programme (the "Programme"). FNBB007 has an aggregate nominal amount of BWP 161,840,000. FNBB008 has an aggregate nominal amount of BWP 40,000,000. The Notes constitute Unsecured Subordinated Notes qualifying as Tier 2 capital of the Issuer. The Notes will be redeemed and delisted at the Optional Redemption Date of 1st December 2021 with the prior consent of the Bank of Botswana. In accordance with Condition 9.1 of the Terms and Conditions, Noteholders are advised that no payment in respect of the redemption of the FNBB007 and FNB0008 Notes shall be made by the Issuer unless the certificate(s) in respect of such Notes have been surrendered to the Transfer Secretaries by the Last Day to Register in the Pricing Supplement, being the 20th of November 2021, where this is still applicable. Noteholders are accordingly advised to submit their certificates, where such Notes may still be held in certificated form, in respect of the FNBB007 and FNB0008 Notes held by them to the Transfer Secretaries as soon as possible, and by not later than Friday 19th November 2021. These procedures will not apply to any dematerialized Notes. All Notes which are redeemed shall forthwith be cancelled and cannot be re-issued or re-sold.